Shineco Inc (NASDAQ:SISI) does about 1.38M shares in volume on a normal day but saw 3774648 shares change hands in the recent trading day. The company now has a market cap of 6.73M USD. Its current market price is $0.60, marking an increase of 4.19% compared to the previous close of $0.57. The 52 week high reached by this stock is $4.90 whilst the lowest price level in 52 weeks is $0.33.
Shineco Inc (SISI) has a 20-day trading average at $0.4937 and the current price is -87.78% off the 52-week high compared with 80.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.5552 and its 200-day simple moving average is $1.2761. If we look at the stock’s price movements over the week, volatility stands at 20.23%, which decreases to 19.69% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.35 to suggest the stock is neutral.
The current price level is 21.19%, -62.97%, and -53.17% away from its SMA20, SMA50, and SMA200 respectively, with the SISI price moving above the 50-day SMA on current market day. Shineco Inc (SISI) stock is down -3.23% over the week and -11.91% over the past month. Its price is -46.80% year-to-date and -64.15% over the past year.
Outstanding shares total 26.39M with insiders holding 13.15% of the shares and institutional holders owning 0.10% of the company’s common stock. The beta has a value of -0.04. Price to book ratio is 0.11.
